RAJESH KHANAL

In July 2023, Nepal narrowly escaped being placed on the greylist by the FATF.

Govt’s treasury is in negative balance Rs 93 billion, while payments against loans liability is three-folds of development expenses 

The standoff between the contractors and the government regarding the settlement of dues for construction works is likely to take a toll on the country’s overall development projects.  

The trend of surrendering life insurance policy has surged by a notable rate in recent months due to the ongoing economic slowdown, increasing price of essentials and possible manipulations by the insurance agents.

Nepal’s export earnings bounced back with a 38-month high increment, as the figure rose 16.54 percent in the first five months of the current fiscal year (FY) compared to the export earnings in the corresponding period of last FY.

After the gold imports surged massively draining out the foreign currencies from the country, Nepal Rastra Bank (NRB) introduced a work procedure in 2009 for proper management of gold imports.

Nepal Rastra Bank (NRB) prepares for the first quarterly review of its monetary policy for the current fiscal year 2024/25 amid challenges in addressing the problem of excess liquidity and rising bad debts in the Nepali banking sector.

KATHMANDU, Nov 15: In a major breakthrough, Nepal can now sell its electricity to Bangladesh with India finally agreeing to materialize the tripartite agreement on allowing Nepal for cross-border power trade with the SAARC country via Indian land.

On September 30, 2020, the Nepal Electricity Authority (NEA) recorded a wastage of up to 5 million units of electricity, largely attributed to low domestic energy demand and problems within the electricity distribution system. The issue recurred in September 2023, with 30 hydropower plants wasting 5...

KATHMANDU, Sept 22: The USA has responded positively to extend the deadline to provide duty-free facility to Nepal for its 77 specified products exported to the USA which is about to end next year.